Monday, April 2, 2007

Shares higher on Holy Monday

Shares close higher on window-dressing

MANILA, Philippines -- Share prices closed higher, spurred by gains in blue chips like Ayala Land on end of the quarter window-dressing although trading volumes were lean ahead of the long Easter break, dealers said.

***I don't see the point of a quarter-end window-dressing.  The quarter already ended.  Well, for some companies, they quote the first day of the stock activity after the quarter.

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